Co-working unicorn WeWork has raised $3 billion from SoftBank Corp. This is in addition to the $1 billion it had raised from the Masayoshi Son-owned corporation in August. After the current fund-raise, WeWork would be valued at $42 billion from its current $20 billion. SoftBank Corp will pay WeWork $1.5 billion in two tranches, starting January 2019. However, despite mounting losses, WeWork plans to continue its expansion.

WeWork raises funds from SoftBank on mounting losses

Logistics management startup FarEye has acquired IoT-led freight management platform Dipper Technologies for an undisclosed amount. Dipper offers visibility and predictive intelligence in freight management, especially in long-haul inter-city trips. Following the acquisition, Dipper’s entire team (20-odd employees) will be joining FarEye. Its customers, including some Fortune 500 companies, would also be migrated to the FarEye network.

November 14 is celebrated as Children’s Day in India to mark the birth anniversary of India’s first Prime Minister Pandit Jawaharlal Nehru due to his affection for kids. Children are said to be the future and backbone of any country. To help them learn and grow better, a number of startups have come up to engage kids and to get their basics right. YourStory lists six kid-friendly startups that are helping children learn the fun way.